• High value solutions: Amcor CEO, Peter Konieczny,
    High value solutions: Amcor CEO, Peter Konieczny,
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Amcor’s CEO, Peter Konieczny, has joined 20 other CEOs from some of the world’s largest companies in signing an open letter from Business For A Plastics Treaty to address plastic pollution at a global level.

The 21 business leaders have signed an open letter for a global plastics treaty ahead of next month’s UN treaty negotiations to curb plastic waste in Busan, Republic of Korea.

Amcor said that by “working together with policymakers worldwide, we have an opportunity to truly advance a circular economy for plastics”.

According to Business For A Plastics Treaty, the development of a legally binding UN treaty is a “once-in-a-generation opportunity to tackle the plastic pollution crisis in a globally coordinated way.”

“We must act urgently on a global, coordinated scale to accelerate the transition towards a circular economy for plastics, or the plastic pollution crisis will only get worse.”

The Business Coalition for a Global Plastics Treaty brings together +230 businesses committed to supporting the development of an ambitious, effective and legally binding UN treaty to end plastic pollution.

The coalition is convened by the Ellen MacArthur Foundation and WWF, in collaboration with aligned businesses and supported by strategic NGO partners.

The coalition will develop ambitious policy recommendations, engage with treaty negotiators, and build confidence in the business community on the benefits and necessity of an effective treaty that sets common goals, rules, and obligations to be implemented in national jurisdictions.

Food & Drink Business

Food Standards Australia New Zealand (FSANZ) is calling for submissions as part of its review of the Health Start Rating (HSR) and Nutrition Information Panel (NIP) systems.

Nestlé has outlined its plan to find “at least” $4.3 billion (CHF 2.5 billion) in cost savings by the end of 2027 and spin off its water and premium beverages business into a standalone company from 1 January 2025.

A national network for young grape and wine professionals has been launched, set to foster the next generation of winemakers, viticulturists, cellar door staff, wine judges and other roles in Australia’s wine sector.